Question: Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total financial debt in the numerator. Present your answer

 Given the selected financial statement data for KRJ Enterprises presented below,

Given the selected financial statement data for KRJ Enterprises presented below, calculate the debt ratio, using total financial debt in the numerator. Present your answer in percentage terms, rounded to two decimal places. e.g. 20.00%. $175 $225 $395 $464 Cash Short-term investments Accounts receivable Inventory Other current assets Fixed assets (net) Intangible assets Long-term investments Total assets $170 $1,139 $214 $264 $2,851 $160 $97 $223 Short-term debt Current portion of long-term debt Accounts payable Accrued liabilities Other current liabilities Long-term debt Other long-term liabilities Total liabilities Stockholders' equity $190 $125 $682 $100 $1,075 $1,817

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